BT Group plc (LON:BT.A)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank AG in a note issued to investors on Monday, July 24th. They currently have a GBX 265 ($3.44) target price on the communications services company’s stock.
Several other research firms have also issued reports on BT.A. UBS AG set a GBX 305 ($3.96) target price on BT Group plc and gave the stock a “neutral” rating in a research note on Tuesday, May 2nd. Royal Bank Of Canada set a GBX 410 ($5.32) target price on BT Group plc and gave the stock a “buy” rating in a research note on Monday, May 29th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 340 ($4.41) price target on shares of BT Group plc in a research report on Monday, July 17th. Morgan Stanley set a GBX 400 ($5.19) price target on BT Group plc and gave the company a “buy” rating in a research report on Monday, April 3rd. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 330 ($4.28) price target on shares of BT Group plc in a research report on Thursday, June 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 352.75 ($4.58).
In other BT Group plc news, insider Tony Ball acquired 100,000 shares of the stock in a transaction dated Thursday, June 22nd. The stock was acquired at an average price of GBX 282 ($3.66) per share, with a total value of £282,000 ($366,091.13). Also, insider Isabel Hudson acquired 3,367 shares of the stock in a transaction dated Friday, August 11th. The stock was acquired at an average cost of GBX 295 ($3.83) per share, with a total value of £9,932.65 ($12,894.52). Over the last three months, insiders bought 113,903 shares of company stock valued at $32,185,489.
BT Group plc Company Profile
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